Cohu Acquires Ismeca for $54.5M
The target makes turrets for the semiconductor industry
Cohu Inc. (Nasdaq: COHU) will acquire a unit of Schweiter Technologies AG for $54.5 million.
The target Islmeca Semiconductor Holding SA, designs and manufactures turret-based test handling equipment for the semiconductor industry. It is headquartered in La Chaux-de-Fonds, Switzerland. The company’s revenues for the year ended June 2012 were about $84 million.
Cohu, Poway, Calif., supplies thermal subsystems and other products for the semiconductor industry. The company also supplies microwave communications and video equipment.
Schweiter, based in Horgen, Switzerland, makes components for machinery.
For more information on related topics, visit the following: